Lakeway, NY -- (SBWIRE) -- 03/12/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Pitney Bowes Inc. (NYSE:PBI) shares jumped 1.93% and closed at $14.23 in the last trading session after Sidoti started coverage on shares of PBI in a research note issued on Mar. 11. The firm set a “buy” rating and a $19.00 price target on the stock.
Additionally, Fitch Ratings on Feb. 27 has assigned a 'BBB-' rating to Pitney Bowes Inc.'s (Pitney Bowes) proposed offering of retail notes due 2043. Note proceeds will be primarily used to fund the tender offers.
Is PBI a Still a Buy after the Solid momentum? Let’s Find out Here
Quicksilver Resources Inc (NYSE:KWK) stock climbed 1.89% to $2.16. McNicoll Lewis & Vlak downgraded shares of Quicksilver Resources from a buy rating to a hold rating in a research note released on Mar. 11.
Additionally, the company, on Feb. 25, reported a fourth quarter loss of $1.10 billion or $6.47 per share, versus net income of $23.53 million or $0.14 per share in the same period last year. Adjusted net loss for the quarter was $2.39 million or $0.01 per share. Meanwhile, revenues for the three-month period dipped to $179.07 million from $223.09 million in the same quarter a year earlier. Analysts expected the company to report earnings of $0.01 per share on revenues of $168.69 million for the quarter.
Is KWK a Strong Buying Opportunity After The Recent Slump? Find out Here
Jabil Circuit, Inc. (NYSE:JBL) shares jumped 1.85% and closed at $19.24 in the last trading session. UPS (NYSE: UPS), on Feb. 14, announced that it has formed a strategic collaboration with Jabil Circuit, Inc. (NYSE: JBL). UPS's logistics and distribution business unit and Jabil Aftermarket Services will provide optimized reverse logistics solutions for return and repair programs to high-tech original equipment manufacturers, service providers and enterprises on a global scale.
Additionally, the company, on Feb. 6, announced that for the second quarter of 2013, it expects $4.3 billion to $4.5 billion in revenue and $165 million to $185 million in operating income. Analysts are expecting the Company to report revenue of $4.4 billion and EBIT of $176 million for the second quarter of 2013.
Should JBL Buy JBL After The Recent Movement? Let’s Find out Here
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